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king oil

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king oil

Re: LocWolf post# 11128

Monday, 08/22/2016 7:21:45 PM

Monday, August 22, 2016 7:21:45 PM

Post# of 18297
10Q is out. Money runs out in a few months. Not a pretty picture.

At June 30, 2016, the Company had $288,217 cash on hand along with its investment in NeoGenomics stock classified as available for sale securities worth $144,834. Also, at June 30, 2016, the Company had $364,355 in current liabilities. As a result, the Company estimates cash will be depleted by the end of 2016 if the Company does not generate sufficient cash to support operations.
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